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TACU vs THRO

T. Rowe Price Active Core U.S. Equity ETF

TACUANYSE Arca

iShares U.S. Thematic Rotation Active ETF

THROBNYSE Arca

Overlap

Expense ratio

TACU −0.57pt a year

TACU0.00%THRO0.57%

Avg volume · 30D

THRO 178.2×the volume

TACU4.15KTHRO740K

TACU vs THRO Performance

Dec 31, 2025 – Oct 30, 2026

+11.2%TACU+12.0%THRO

Dec 31, 2025 to Oct 30, 2026. TACU +11.2%. THRO +12.0%. Use the arrow keys to read each point.−10%−5%0%5%15%Dec 2025Jun 2026Oct 2026
Expense ratio
TACU 0.00%, better
THRO 0.57%
Fund size
TACU $17M
THRO $7.33B
1Y total return
TACU No data
THRO +11.7%
Yield (12M)
TACU No data
THRO 0.30%
Holdings
TACU 411
THRO 248
Avg volume (30D)
TACU 4.15K sh
THRO 740K sh, better
NAV per share
TACU $27.68
THRO $43.06
52W range

ETF.net Grade

TACU: Cost 99, Risk 69, Mission 81, Tradability 49, Holdings 83, Durability 43. THRO: Cost 61, Risk 56, Mission 72, Tradability 95, Holdings 57, Durability 89.
Pillar letters and Scores for TACU, THRO, with each pillar’s weight
PillarTACUTHRO
Cost30% weightA99HigherB61
Mission25% weightA81HigherA72
Risk15% weightB69HigherB56
Tradability15% weightC49A95Higher
Holdings10% weightA83HigherB57
Durability5% weightC43A89Higher

Rank among US Active Equity funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. TACU and THRO are both graded against the same 121 US Active Equity funds, so their Grades compare head to head.

US Active Equity⁠

Category · 121 funds
See all 121 ›

TACU ranks 9th and THRO 28th of 121 funds in the US Active Equity Category.

  1. Rank 8AAPUEActivePassive U.S. Equity ETFScore 78
  2. Rank 9ATACUT. Rowe Price Active Core U.S. Equity ETFScore 77
  3. Rank 10APQUSPictet AI Enhanced US Equity ETFScore 76
  4. Rank 28BLCAPPrincipal Capital Appreciation Select ETFScore 68
  5. Rank 28BTHROiShares U.S. Thematic Rotation Active ETFScore 68
  6. Rank 31BESNEssential 40 Stock ETFScore 67

Our read on each fund

ETF.net Research

TACUAT. Rowe Price Active Core U.S. Equity ETF

THROBiShares U.S. Thematic Rotation Active ETF

In short

TACU T. Rowe Price's quant-plus-fundamental take on core large-cap U.S. stock, benchmarked to the Russell 1000. Gross fee 0.14%, fully waived to zero through January 30, 2027.

THRO Most thematic ETFs make you pick the theme and the timing. THRO hands both jobs to BlackRock's active team, rotating a roughly 240-stock U.S. portfolio as themes move in and out of favor.

Stated mandate

TACU The fund seeks long-term capital growth through a primarily U.S. equity portfolio. It combines quantitative models with fundamental, bottom-up analysis and seeks excess returns relative to the Russell 1000 Index.

THRO The fund seeks long-term capital appreciation by actively adjusting its exposure to changing themes in the U.S. market.

Why people hold it

  • TACU Fee fully waived: 0.14% gross, zero net through January 30, 2027. That sits below every top-scoring peer in the category, including DFAU at 0.12% with no waiver.troweprice.com
  • Quant models feed bottom-up stock picking with tilts to profitability, quality and value, chasing excess return over the Russell 1000 while holding tracking error tight.troweprice.com
  • Several hundred large-cap names, so no single position runs the show. One of the stronger profiles in a crowded active U.S. equity field.troweprice.com
  • THRO You're buying the rotation, not one theme. Managers actively shift exposure across changing U.S. themes, spread over roughly 240 stocks instead of a dozen pure plays.ishares.com
  • Sits among the stronger implementations in the U.S. thematic group, and it's a multi-billion-dollar fund that trades actively rather than a thin novelty listing.
  • Live since 2021 and run under the iShares banner, so it comes with full-scale fund operations behind the stock picking.

Worth knowing

  • TACU Launched in December 2025, so the live record is short and the risk read rests on limited history.
  • Still a small fund that trades lightly, which can mean wider spreads than the category's giants.
  • Distributions are annual at most, with no declared income target. This is a growth mandate, not a cash-flow one.
  • THRO 0.57% a year is what the theme calls cost. Broad U.S. index funds charge a small fraction of that, so the manager has ground to make up.
  • Active and index-free: no benchmark to check the work against, and the portfolio can look very different from the broad U.S. market at any moment.ishares.com
  • Built for long-term capital appreciation. Distributions come quarterly and are a byproduct, not the mandate.

Full TACU profile⁠

Full THRO profile⁠

TACU vs THRO Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

TACU vs THRO Cost

Overpaying THRO vs TACU

$11,271

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • TACU 0.00%

    $0

  • THRO 0.57%

    $11,271

$10,000
30 years

Cost over time

  • TACU 0.00%
  • THRO 0.57%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530THRO $11,271TACU $0

Year by year

YearTACUTHROOverpaying
10$0$1,023$1,023
20$0$3,921$3,921
30$0$11,271$11,271

Expense ratio

  • 0.00%TACU, cheaper
  • 0.57%THRO
  • Middle half of US Active Equity funds
  • Median 0.68%

TACU cheapest of 121 funds

THRO 50th cheapest of 121 funds

TACU vs THRO Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
TACU No data
THRO 0.30%
Payout (12M)
TACU None
THRO $0.13
Last payment
TACU No data
THRO $0.05
Ex-dividend
TACU No data
THRO Sep 15, 2026
Paid on
TACU No data
THRO Sep 18, 2026
Frequency
TACU No data
THRO Quarterly

Distribution history

Per share, 2022 to 2026, same scale for both

TACUAll TACU payments⁠

No distribution history available.

THROQuarterly · 20 paymentsAll THRO payments⁠
One bar per payment. 20 payments from 2022 to 2026 YTD. Mar 24, 2022 $0.04; Jun 9, 2022 $0.03; Sep 26, 2022 $0.05; Dec 13, 2022 $0.06; Mar 23, 2023 $0.04; Jun 7, 2023 $0.02; Sep 26, 2023 $0.03; Dec 20, 2023 $0.04; Mar 21, 2024 $0.01; Jun 11, 2024 $0.01; Sep 25, 2024 $0.03; Dec 17, 2024 $0.18; Dec 30, 2024 $0.0045; Mar 18, 2025 $0.0049; Jun 16, 2025 $0.008; Sep 16, 2025 $0.03; Dec 16, 2025 $0.01; Mar 17, 2026 $0.02; Jun 15, 2026 $0.05; Sep 15, 2026 $0.05. Use the arrow keys to read each point.$0$0.2020232026YTD

TACU vs THRO Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
TACU No dataTHRO 13.9%
Return per unit of riskSharpe ratio, 3 years
TACU No dataTHRO 1.33
Worst fallMax drawdown, 5 years
TACU No dataTHRO −26.5%since Dec 2021
Market sensitivityBeta, 5 years
TACU 0.96THRO 1.06

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